Analysis Topic: Commodity Markets - Metals, Softs & Oils
The analysis published under this topic are as follows.Thursday, April 15, 2010
A Deflationary Impulse Would be a Catalyst for Gold Stocks / Commodities / Gold & Silver Stocks
While Gold is a hedge for inflation and deflation, that doesn’t mean that gold stocks are a hedge or outperformer in either environment. As we wrote last year, gold stocks tend to perform better when deflation is the concern.
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Thursday, April 15, 2010
Gold Slips But "No Bubble" / Commodities / Gold and Silver 2010
THE PRICE OF GOLD slipped in lock-step with the Euro currency against the Dollar in London trade on Thursday morning, falling together with silver and other commodities despite China reporting its fastest economic growth in more than 3 years.
"More likely consolidation and sideways trading will continue," said one Hong Kong dealer in a note.
Thursday, April 15, 2010
Gold Near Record Sterling Price on UK Hung Parliament and Devaluation Concerns / Commodities / Gold and Silver 2010
Yesterday, gold rose to $1,161/oz early in New York, it then dropped to $1,152/oz before recovering to close with a gain of 0.59%. It has dropped from $1,158/oz to $1,152/oz in Asian and European trading today. Gold is currently trading at $1,152/oz and in euro and GBP terms, gold is trading at €850/oz and £748.50/oz respectively. Gold remains near record nominal highs in sterling terms and sterling is down by more than 10% versus gold year to date (see chart).
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Thursday, April 15, 2010
Gold and Crude Oil Commodity Trading Report / Commodities / Commodities Trading
In my last report I showed some cycles for the price of gold and how they were starting to roll over which would in turn put some selling pressure on both gold and silver this week.
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Thursday, April 15, 2010
Weak U.S. Dollar Contributes to Crude Oil $86 Price / Commodities / Crude Oil
Oil prices climbed by nearly two per cent Wednesday (April 9) to settle at $85.84. Catalysts included a weaker dollar following a disappointing look at jobs and a surprising decline in oil supplies.
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Thursday, April 15, 2010
Investing in Planes, Trains & Automobiles (& Rickshaws), Is there a China bubble? / Commodities / Metals & Mining
Is there a China bubble? Not according to Gianni Kovacevic, corporate development strategist and principal of Kovacevic Consultants. In this exclusive interview with The Gold Report, Gianni says that China will continue to be the primary driver of fundamental demand for copper and other resources. He says the amount of infrastructure already built in China, and to be built, is not a road or bridge to nowhere, but a critical necessity. Hundreds of millions of people are participating in the largest migration in human history, presenting a great opportunity for investors.
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Wednesday, April 14, 2010
Gold Sizzles as Europe Fiddles / Commodities / Gold and Silver 2010
Much to the relief of jittery global markets, Greece's chronic debt problem has been papered over in a burst of European solidarity and apparent magnanimity. But this act of mercy may cost Germany its key position of financial dominance over the European Central Bank (ECB), which, in turn, could be detrimental to the long-term health of the euro. And so even though the euro stiffened once the immediate default fears abated, the price of gold was pushed to a new all-time high in euro terms (and a five-month high in dollar terms). [i]
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Wednesday, April 14, 2010
Gold Inflation Perspective / Commodities / Gold and Silver 2010
David Galland Casey Research writes:
As the price of gold rises and the inevitable quacking begins again about the “barbaric” metal being overvalued, I thought a quick check-in with the historical perspective might prove useful.
The first of two charts that follow shows the long-term picture of gold from 1970 to the present, correctly adjusted for inflation.
Wednesday, April 14, 2010
Natural Gas Futures Support Potential for Long Term Reversal of “UNG” / Commodities / Natural Gas
Several weeks ago autobottrading.com spoke of the natural gas sector and the possibility that a major trend change was potentially setting up for the commodity. Natural Gas futures had reached long term support, setting up a sector call similar to our encouragement to get long Crude when it was trading in the mid to high $30’s last year. We warned in the March 13th post, of the likelihood of a sharp spike lower into potential support at $3.75 and then the potential of a powerful trend changing reversal. On April 1st, May natural Gas had powerful rally which on the daily chart reflects the potency of the longest time series support we have mentioned over the last several weeks.
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Wednesday, April 14, 2010
Precious Metals Market Manipulation, Grab a Calculator Before the CTFC Investigation / Commodities / Market Manipulation
As the CTFC begins to investigate claims by a whistle blower that the precious metals markets have been manipulated by several large US banks, investors are left to ponder: “What will happen to silver if manipulation is found?” Can you say, payday?
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Wednesday, April 14, 2010
Case for Gold "Positive" as Fed Promises "Low Rates for Extended Period" / Commodities / Gold and Silver 2010
THE PRICE OF GOLD held onto a volatile 1.3% gain vs. the Dollar on Wednesday, rising to $1160 an ounce after Federal Reserve chairman Ben Bernanke vowed in congressional testimony "that very low, extremely low rates will be needed for an extended period."
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Wednesday, April 14, 2010
Are Gold and Silver Stocks Going to Plunge From Here? / Commodities / Gold & Silver Stocks
In our previous essay, we've stated that a small correction [in gold] may be likely very soon, and since that his is what we've seen very recently, you might be wondering if this means that gold is likely to move much lower from here. Although gold didn't move in the opposite direction to the U.S. Dollar during the last several days, the negative correlation between these two markets has been visible during the whole bull market, which means that it may be worthwhile to analyze the USD index even if one is interested only in gold.
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Wednesday, April 14, 2010
Palladium Surges 8% in One Day to Test Long Term Resistance; Gold Short Term Correction? / Commodities / Gold and Silver 2010
Gold fell to as low as $1,145/oz in New York, it then recovered to close with a loss of just 0.86% yesterday. It has risen from $1,153/oz to $1,160/oz in Asian and early European trading this morning. Gold is currently trading at $1,160/oz and in euro and GBP terms, gold is trading at €850/oz and £753/oz respectively.
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Wednesday, April 14, 2010
Gold Bull Market Warming Up, Keep Your Eyes on the Golden Prize / Commodities / Gold and Silver 2010
Gold's bull market is starting to get warmed up again. The gains ahead in Gold are going to be greater than what we have seen since the secular bull market began at the turn of the century. Gold will continue to outperform general stocks, real estate, bonds and most if not all commodities.
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Wednesday, April 14, 2010
Electricity Generation Going Nuclear, Obama’s Green Machine Is Ready to Go / Commodities / Renewable Energy
Marin Katusa Casey’s Energy Opportunities writes: Over the Easter weekend, seven nuclear reactors throughout the United States stopped operations, and natural gas prices skyrocketed by over 20%. And this was when most of the country was enjoying mild weather and businesses were shut for the long weekend.
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Tuesday, April 13, 2010
Gold and Silver Bull Market Phase 2, The Tipping Point is Upon Us! / Commodities / Gold and Silver 2010
A "tipping point" in sociological theory is defined as "the level at which the momentum for change becomes unstoppable." An idea or a movement has reached "critical mass."
I believe the global economy has reached that point.
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Tuesday, April 13, 2010
Gold Succumbs to Profit Taking After Breaking Above Resistance / Commodities / Gold and Silver 2010
Yesterday, gold jumped to $1,169/oz in Asia before falling in New York, it then recovered to close with a small gain of 0.11%. It range traded from $1,150/oz to $1,157/oz in Asian trading this morning. Gold is currently trading at $1,154/oz and in euro and GBP terms, it is trading at €847/oz and £750/oz respectively.Read full article... Read full article...
Tuesday, April 13, 2010
Gold and Silver Slip as Dollar Benefits from Greek Uncertainty / Commodities / Gold and Silver 2010
THE WHOLESALE PRICE of gold and silver bullion both dropped in London on Tuesday, pulling back 2.0% and 3.5% from Monday's early highs as world stock markets fell with crude oil, and the US Dollar rose.
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Tuesday, April 13, 2010
Marc Faber on Gold, the Coming Big Bust, hyperinflation, and then Collapse / Commodities / Gold and Silver 2010
Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, warns that when the next crisis hits, 'you'd see people flee from all paper currencies into precious metals'.
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Monday, April 12, 2010
There's Still Money in Junior Gold Miners / Commodities / Gold & Silver Stocks
While Union Securities, Ltd. Investment Advisor Michael Ballanger says we're still in a vintage bear market situation, he sees opportunities for investors in the junior mining sector. In this exclusive interview with The Gold Report, Michael explains the rule of thumb he uses when investing in the juniors.
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